Mercedes fast forward on battery cars

In the IDTechEx report,"Fuel Cell Vehicles 2016-2026" we predicted that the window of opportunity for fuel cell vehicles is closing as battery pure electric vehicles grab their target markets. Niche applications will be available but ubiquitous green hydrogen refilling stations will remain elusive as the necessary trillions of dollars are not forthcoming. The premium segment is certainly under pressure since diesel's dirty secret has been aired, emission rules become ever tighter, and Tesla writes record after record and so Daimler is now reacting as rival BMW has already done. 10 EVs by 2022 is the latest target - that is 3 years earlier than initially planned in Paris. On Wednesday's annual conference in Berlin, CEO Dieter Zetsche also announced he would invest 10bn euros in order to expand the electric lineup under the EQ label that shall cover every segment from compac...